Palred Technologies Limited reported un-audited standalone and consolidated earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, on standalone basis, the company reported loss from operations before other income, finance costs and exceptional items of INR 8.853 million compared to INR 7.497 million, loss from ordinary activities before tax of INR 6.329 million compared to profit from ordinary activities before tax of INR 6.484 million and net loss for the period of INR 6.329 million or INR 0.40 per basic and diluted before and after extraordinary items (not annualized) compared to net profit of INR 6.484 million or INR 0.17 per basic and diluted share before and after extraordinary items (not annualized) for the same period last year.

For the nine months, on standalone basis, the company reported loss from operations before other income, finance costs and exceptional items of INR 23.611 million compared to INR 25.127 million, profit from ordinary activities before tax of INR 3.80 million compared INR 18.869 million and net loss of INR 3.8 million or INR 0.16 per basic and diluted before and after extraordinary items (not annualized) compared to net profit of INR 18.869 million or INR 0.48 per basic and diluted before and after extraordinary items (not annualized) for the same period last year.

For the quarter, on consolidated basis, the company reported total income from operations (net) of INR 90.954 million, loss from operations before other income, finance costs and exceptional items of INR 46.311 million, loss from ordinary activities before tax of INR 42.028 million and net loss for the period of INR 42.028 million or INR 2.23 per basic and diluted before and after extraordinary items (not annualized) compared to total income from operations (net) of INR 4.664 million, loss from operations before other income, finance costs and exceptional items of INR 12.589 million, profit from ordinary activities before tax of INR 20.0 million and net profit of INR 20.0 million or INR 0.10 per basic and diluted before and after extraordinary items (not annualized) for the same period last year.

For the nine months, on consolidated basis, the company reported total income from operations (net) of INR 242.631 million, loss from operations before other income, finance costs and exceptional items of INR 164.758 million, loss from ordinary activities before tax of INR 139.360 million and net loss of INR 139.360 million or INR 4.43 per basic and diluted before and after extraordinary items (not annualized) compared to total income from operations (net) of INR 26.317 million, loss from operations before other income, finance costs and exceptional items of INR 30.219 million, income from ordinary activities before tax of INR 15.285 million and net income of INR 15.285 million or INR 0.41 per basic and diluted before and after extraordinary items (not annualized) for the same period last year.